Apartment rentals New York with Upper West Side Rental Listings

It’s no secret that New York City is lacking extra space. As the amount of residents in the city continues to grow, families of three or more are finding it difficult to locate luxury family-friendly homes. We’ve decided to make things a little easier for large families and highlight three New York City developments that have up to four-bedroom apartments available.

Find your quintessential luxury home along the historic streets of the Upper West Side.

It’s not tough to understand why so many New Yorkers want to live in Lincoln Square—after all, this Upper West Side locality is one of the city’s most popular neighborhoods, thanks to its proximity to places like Lincoln Center, Columbus Circle and, of course, Central Park. Adding to the appeal of the neighborhood are the many shops, restaurants and markets that dot the area, all of which make sure that residents here have a great lifestyle both inside and outside their homes.

We’ve already written extensively about scarcity in the rental inventory in Manhattan. A lack of available apartments will be one of the dominant themes of 2012, mostly due to economic uncertainty. The current economic climate has had the dual effect of preventing developers from constructing new buildings, and pushing people who would otherwise buy condos into the rental market. Yesterday the Wall Street Journal published figures that quantify the market’s scarcity. There will be roughly 2,230 apartments for rent in Manhattan that will go on the market this year, the lowest amount since 2005, when the figure was first counted. And the vacancy rate for all luxury rentals in Manhattan is 1.27%.

You know it's good news when Luxury Rentals Manhattan breaks out the popchampagne.jpg imagery, and so it is in this case. Of course, rising vacancy rates are not the sort of thing that landlords pop corks over -- the tighter the market for NYC apartment rentals is, the more they're able to get for said NYC apartment rentals. But with October rental stats showing an (expected, seasonal) rise in the New York apartment vacancy rate, things in the Manhattan real estate market seem to have turned in favor of renters, after months of running the other way. Again, this sort of thing pretty much always happens in autumn, which is why it's the most wonderful time of the year for Manhattan apartment hunters. But that doesn't mean renters shouldn't be celebrating this particular bit of seasonal good luck. While CitiHabitats' report on the October rental market indicated that rents fell one percent from September's averages, the real news here is the rising vacancy rate -- and how it could wind up making concessions on NYC apartments a lot less rare. Thus the popping corks. Read on for the nitty gritty.